Middle East’s triumph: Qatar and KSA lead the recovery
The Middle East has taken a leading role in the rebound of the tourism sector, surpassing pre-pandemic levels with a significant 22% rise in arrivals compared to 2019. Qatar, especially propelled by the anticipation of the World Cup, witnessed a substantial 90% surge in international tourist arrivals.
This mirrors the trends observed in the previous reports from January to July 2023, where Qatar topped the charts with an impressive 95% growth rate. Contributing to the Middle East’s success, Saudi Arabia also played a significant role with a noteworthy 56% increase, showcasing the region’s robust recovery in the travel sector.
Global tourism roars back
The report unveils an overall optimistic outlook for the global tourism industry, projecting a full recovery to pre-pandemic levels in 2024. Europe reached 94% of pre-pandemic levels in 2023, while Africa and the Americas achieved 96% and 90%, respectively. Asia and the Pacific, although at 65% recovery, displayed a gradual upward trajectory throughout the year.
The total export revenues from tourism, including passenger transport, amounted to an impressive USD 1.6 trillion in 2023, almost reaching 95% of the 2019 figures. Economic recovery seems promising, with preliminary estimates indicating tourism’s direct gross domestic product (TDGDP) at USD 3.3 trillion in 2023, accounting for 3% of global GDP.
Qatar’s World Cup impact: a game-changer for tourism
Qatar’s exceptional performance can be attributed to its role as the host of the World Cup. The country experienced a 90% increase in international tourist arrivals, positioning it as one of the best-performing destinations globally. This surge underscores the significant impact of mega-events on tourism, providing a boost to Qatar’s economy and solidifying its position on the global tourism map.
As the tourism sector looks forward to a full recovery in 2024, the report concludes with a positive note, emphasizing the potential for increased air connectivity, the unleashing of pent-up demand, and a stronger recovery of Asian markets, contributing to a robust resurgence in the international travel landscape. However, economic and geopolitical challenges remain, posing potential hurdles to sustained recovery and confidence levels.